Jenny
Buchanan

Virtual Finance Function Director

LinkedIn

WHO I HELP

All types of businesses; mostly companies who need specific finance advice or have technical questions or projects that they don’t have a solution internally themselves, as well as performing the end to end monthly and annual processes.

HOW I HELP

Management accounting. Financial reporting. Budgeting and forecasting. Audit support. Technical accounting advice.

SECTORS/SUPPORT

I work predominantly with Oil Operators at the moment, but I expect to support clients in a wide range of sectors.

“IT’S MY JOB TO ENSURE THAT CLIENTS FEEL LIKE A PRIORITY.”

Jenny Buchanan is the Director of our Virtual Finance Function (VFF) team. Based in Aberdeen, Jenny works with a diverse range of clients, providing a virtual and onsite service. With over 20 years of experience and having worked for a wide range of companies throughout her career, predominantly in Oil and Gas but in a range of sectors; audit, international, listed and private equity backed firms.

Within her role in the VFF team, Jenny supports energy sector clients with financial reporting, management and year end accounts to allow the VFF team to work alongside their business.

OPEN LINES OF COMMUNICATION

“An ideal relationship with a client is one where expectations are clear and deliverables are realistic. Feeling like you are both part of the same team is important and having open lines of communication so that you can always talk about any issues and work to resolve them together.”

EFFICIENT SOLUTIONS

“I think clients are looking for a high quality, efficient solution to any finance requirement. I think they want to feel like they are a priority, and it is my job to ensure that is the case.”

SUPPORTING CLIENTS ALL OVER THE WORLD

“When it comes to different ways of working with clients, I think there is a place for both virtual and hands on – it very much depends on the client and what they are looking for. It adds a lot of value being able to be agile enough to support clients in any part of the world virtually and as well as on site.”

HIGH GROWTH

“Our team’s biggest challenge at the moment is resourcing – we’re in a period of such high growth that we’re having to recruit to keep up with new clients. Resourcing is tricky, but it’s not a bad problem to have considering what the reason behind it is.”

AGILE, RESPONSIVE & PEOPLE-FOCUSSED

“In terms of excitement for the future, I’m excited to be able to use the knowledge that I have gained in the last 20 years, put it into practice and add value for our clients and AAB, but also to continue to learn and challenge myself.

I’m excited to work for AAB because they have a reputation for being agile, responsive and people focussed. They are also going through a period of growth so to be part of that and to grow with the company is something that I am really looking forward to.”

CONTINUAL IMPROVEMENT

“I have worked in a wide range of areas and businesses throughout my career. I did my training with a Big Four firm in Audit so I understand what is expected and what is required for a successful audit. I have managed teams for over ten years, so I have significant experience working with people and developing high performing teams. I have worked for Oil Service Companies in project accounting, G&A and financial reporting and for Oil Operators in Joint Venture accounting and financial reporting.

In recent years I have been working in the detail to ensure that I understand how and why things are done. This is to be able to support and mentor the team, but also so that I ‘know the numbers’. I now understand the whole finance function and what is required day to day from the transactional side, right up to meeting the needs of the Directors, Investors and Auditors. I challenge how things are done and I’m a firm believer in continual improvement.”

SMOOTH & WELL-PLANNED

“It’s always nice to get positive feedback from the clients but generally I think in the world of finance the work should just happen and it should be smooth and well planned out. If that happens then we should need very little feedback because it is all working well in the background, just as though we weren’t there!”

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